Citigroup reaffirmed its buy rating on RR Kabel, while JPMorgan remains overweight on RIL. Axis Capital upgraded Indigo to buy, and Jefferies retained a buy rating on Tata Steel.
Hero MotoCorp shares gained 3%, after launching India’s first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India’s transition to cleaner fuels.
UBS has downgraded BHEL to “Neutral” from “Buy”, citing a more balanced risk-reward outlook after the stock’s strong run, though it raised the target price
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